Tex. Utilities Code § 59.029
This is the official text of Tex. Utilities Code § 59.029, part of Texas’s Utilities Code — regulates utility companies.
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§ 59.029. INVESTMENT LIMITATION ON SERVICE STANDARDS.
Official statutory text
(a) The commission may not raise a service standard applicable to the provision of local exchange telephone service by an electing company if the increased investment required to comply with the raised standard in any year exceeds 10 percent of the company's average annual intrastate additions in capital investment for the most recent five-year period.
(b) In computing the average under Subsection (a), the electing company shall exclude:
(1) extraordinary investments made during the five-year period; and
(2) investments required by Section 59.052.
(b) In computing the average under Subsection (a), the electing company shall exclude:
(1) extraordinary investments made during the five-year period; and
(2) investments required by Section 59.052.
Status: in_force · Read it on the official government site
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